Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) Sees Unusually-High Trading Volume

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) saw unusually-high trading volume on Thursday . Approximately 9,250,432 shares changed hands during mid-day trading, an increase of 148% from the previous session’s volume of 3,736,842 shares.The stock last traded at $13.90 and had previously closed at $13.89.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Price Performance

The company has a fifty day moving average price of $13.86 and a two-hundred day moving average price of $13.88.

Institutional Trading of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

Several institutional investors and hedge funds have recently made changes to their positions in PDBC. Cambridge Trust Co. increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 7,817.4% in the 3rd quarter. Cambridge Trust Co. now owns 1,821 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 1,798 shares during the period. Hazlett Burt & Watson Inc. increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 271.2% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 1,856 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 1,356 shares during the period. City Holding Co. acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at about $27,000. Global Retirement Partners LLC increased its position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF by 250.9% in the 4th quarter. Global Retirement Partners LLC now owns 2,158 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 1,543 shares during the period. Finally, Eagle Bay Advisors LLC acquired a new position in Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF in the 4th quarter valued at about $29,000.

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF Company Profile

The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund that mostly invests in broad market commodities. The fund holds a diverse basket of commodity futures and aims to mitigate negative roll yield in its contract selection. The fund is structured as an ETF and is actively managed.